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505-10899 University Drive, Surrey, BC, V3T 5V2

MLS® # R2994769
Property For Sale In City Centre, Surrey, British Columbia
$570,000 QuickQuoteTM: $548K - $668K

2 Beds

2 Baths

505-10899 University Drive, Surrey, BC
505-10899 University Drive, Surrey, BC
505-10899 University Drive, Surrey, BC
505-10899 University Drive, Surrey, BC
505-10899 University Drive, Surrey, BC
505-10899 University Drive, Surrey, BC
505-10899 University Drive, Surrey, BC, V3T 5V2
$570,000

2 Beds

2 Baths

Property Information:

Welcome to the Observatory, a conveniently located two-bedroom home in central Surrey, just across from the Gateway SkyTrain station. Perfect for first-time home buyers or downsizers, this well-maintained building offers large windows that flood the space with sunlight throughout the day, complemented by a cozy gas fireplace in the living room for warmth at night. The property includes 1 parking space and 1 locker, and residents can enjoy building amenities such as a gym, hot tub, steam room, and party room. Don’t miss out on this opportunity—call today to schedule your showing!

Building Features:

  • Floor Space: 873 Square Feet

Property Features:

  • Bedrooms: 2
  • Bathrooms: 2+0
  • Annual Tax Amount: $2,072
  • Appliances: Washer/Dryer, Dishwasher, Refrigerator, Cooktop
  • Association Amenities: Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
  • Basement: None
  • Built in: 1995
  • Community Features: Shopping Nearby
  • Condo Fees: $474
  • Exterior Features: Garden, Balcony
  • Fireplace Features: Gas
  • Floor Space (approx): 873 Square Feet
  • Heating: Baseboard, Electric, Natural Gas
  • Interior Features: Elevator
  • Laundry Features: In Unit
  • Levels: One
  • Lot Features: Central Location, Recreation Nearby
  • Parking Features: Underground, Guest, Front Access
  • Security Features: Smoke Detector(s), Fire Sprinkler System
  • Structure Type: Multi Family, Residential Attached
  • No. of Parking Spaces: 1

Courtesy of:

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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Market Price Trends

All Properties

6.65%

Price change (1 year)

77.62%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 505-10899 University Drive, Surrey, BC, V3T 5V2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 505-10899 University Drive , experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past
28.6℃
2050
31.9℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

97/100

High

ClimateCheck®

Current data

This property, 505-10899 University Drive , experiences 13 significant 2-day storms per year, with about 609.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 705.3mm of precipitation per year.

Precipitation Per Storm

Past
609.7mm
2050
705.3mm

48-Hour Storms Per Year

Past
13
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 505-10899 University Drive, Surrey, BC, V3T 5V2

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$92,962.45

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.68 %

High school certificate or equivalent

26.79 %

Apprenticeship trade certificate/diploma

7.0 %

College/non-university certificate

18.8 %

University certificate (below bachelor)

3.42 %

University Degree

26.3 %

Commuter

Travel To Work

By Car

67.9 %

By Public Transit

27.89 %

By Walking

1.97 %

By Bicycle

0.31 %

By Other Methods

1.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

76.41 %

Houses

23.59 %

Own Vs. Rent

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